Mansfield-Richland County Convention & Vistors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 541,893 | 410,594 | 131,299 | 6.9 | 51% |
| 2021 | 811,094 | 602,675 | 208,419 | 8.9 | 38% |
| 2022 | 877,018 | 785,636 | 91,382 | 8.2 | 29% |
| 2023 | 839,565 | 895,481 | −55,916 | 6.5 | 30% |
In its most recent public year (2023), this organization spent $55,916 more than it brought in. Its reserves stood at about 6.5 months of spending. Staff pay was 30% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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